SoldOct 16, 2017

Listed by Joseph Spremulli from Quality Properties

Bought with Brenda Hilton

165 Roosevelt St, Providence, RI, 02909

$840,000

9720 sq. ft.

SingleFam

30+ days on the market

Sold: Oct 16, 2017

What's around 165 Roosevelt St

About this property

This sale includes a total of 3 houses located on 3 lots. They are as follows 155-157 Webster Ave, 161 Webster Avenue and 165 Roosevelt Street. These properties are located 5 minutes from downtown Providence and next to a bus route. All properties have update gas heating systems newer roofs and windows. 1t includes a total of 12 units including 2 business offices. 155 Webster is zoned mixed use and business office is allowed. All other properties are zoned residential. Positive cash flow plus potential additional income. All properties meet current fire alarm codes including a newly installed fire alarm system under warranty thru May of 2018. External cameras for additional security. Intercom systems, dishwashers, air conditioning units all in 165 Roosevelt . All properties share rear building parking of approximately 20 vehicles. All properties are basically maintenance free with vinyl siding, maintenance free landscaping. coin operated laundry in each building and a tool shed located in back yard. Currently all tenants are on a Month to Month leases with security deposits. There is basically a zero percent vacancy rate. All are fully appliance owned by the Seller. There is additional storage in basements and hallway closets.

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